Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search

 


New initiative secures funding for independent research

16 June 2014

New initiative secures long-term funding for independent research organisations

Four of New Zealand’s independent research organisations will receive a combined total of more than $27 million in funding through a new initiative that aims to ensure that research, science and technology of national significance is not lost.

The Health Research Council of New Zealand (HRC) today announced funding for the Malaghan Institute of Medical Research ($14.2 million), the Medical Research Institute of New Zealand ($6.8 million), Te Atawhai o te Ao: Independent Māori Institute for Environment and Health ($3.8 million) and Whakauae Research Services Limited ($2.8 million) as part of a new Capability in Independent Research Organisations Fund.

This initiative, which comes out of the HRC’s existing budget, provides long-term funding of up to seven years for research organisations outside of the Crown Research Institute sector. In the first instance, funding for four years is provided.

To be eligible for this fund, these independent research organisations needed to have the capacity to undertake research, science and technology, and related activities in a field that is not commonly present in other New Zealand research organisations. These activities also had to be ‘nationally significant’, meaning that if the ability to undertake these activities was lost, it would have a demonstrable and significant negative impact on the ability to grow the economy, or to achieve key environmental, societal and health outcomes for New Zealanders.

The HRC’s Board Chair, Sir Robert Stewart, KNZM, said the aim of the fund is to support nationally significant capability in independent research organisations that “has the potential to contribute to major economic, social, or environmental benefits for New Zealand; or mitigate major risks to New Zealand’s economy, environment or society”.

“This new funding initiative will give these organisations greater stability over a longer period of time, ensuring that they can continue to employ some of our best and brightest to carry out research of the highest calibre,” says Sir Robert.

The Ministry of Business, Innovation and Employment is also running its own process for investing in science capability funding in independent research organisations.

Background
In 2011, as part of decisions on Crown Research Institute Core Funding, the Government agreed that long-term funding arrangements of up to seven years will be available to research organisations outside of the Crown Research Institute sector that hold significant research capabilities supporting national outcomes in areas of government priority. The HRC has responded to this requirement through the development of the Capability in Independent Research Organisations Fund.

For more information on eligibility criteria for the Capability in Independent Research Organisations Fund, go to www.hrc.govt.nz.

2014 Independent Research Organisations Capability Fund recipients

Malaghan Institute of Medical Research
First named investigator: Professor Graham Le Gros, CNZM
$14,244,000 for the first four years

Medical Research Institute of New Zealand
First named investigator: Professor Richard Beasley
$6,804,000 for the first four years

Te Atawhai o te Ao: Independent Māori Institute for Environment and Health
First named investigator: Dr Paul Reynolds
$3,784,000 for the first four years

Whakauae Research Services Limited
First named investigator: Dr Heather Gifford
$2,800,000 for the first four years

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Sci-Tech
Search Scoop  
 
 
Powered by Vodafone
NZ independent news